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Business Plan – A Necessary Evil

Business Plan – A Necessary Evil

Over the past few months I have been doing a lot of business planning work for technology companies looking to raise finance. Lots of research, lots of analysis (and paralysis), lots of decisions…and lots of stress. Here’s the only thing that you really need to know about business plans. And that is, that as soon as you have done them, THEY ARE WRONG!!! A business plan is just that – a plan. It’s not a promise, it’s not definitive, it’s not set in tablets of stone, it’s not something that you will achieve no matter what. It’s a well-researched plan of action, based on the best…

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